Bill Gates Reportedly Sells Washington Home in Swift Transaction

Bill Gates parts with another piece of real estate

by Zain ul Abedin
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Bill Gates Reportedly Sells Washington Home in Swift Transaction
© Christophe Viseux/Getty Images

Earlier this month, Microsoft co-founder Bill Gates finalized the sale of his Medina, Washington residence, a real estate transaction that has caught the eye of many. The property, a 2,430-square-foot home situated in the affluent neighborhood where Gates has long owned property, was listed for nearly $4.989 million on March 29, as reported by Realtor.com.

The house, represented by RE/MAX Northwest, swiftly moved to a "pending" status, indicating a fast-moving deal in the competitive real estate market. Although the final sale price remains undisclosed, the initial listing price suggests a premium transaction, reflecting the desirability of the area and the unique features of the property.

This mid-century modern home offers breathtaking 180-degree views of Lake Washington, the Seattle skyline, and the Olympic Mountains. Positioned on a generous 0.61-acre lot, the residence is not just about the impressive panoramas but also its serene setting.

It includes a spacious deck and a zen garden, perfect for relaxation and entertaining.

Inside Gates' Luxury Sale

Inside, the home boasts four bedrooms and three full bathrooms, catering to both comfort and practicality. Among its notable amenities are radiant heated floors, enhancing the living experience with a touch of modern luxury.

While this property has changed hands, Gates retains ownership of his more famous Medina estate, known as "Xanadu 2.0." This expansive 66,000-square-foot mansion remains a symbol of his technological and financial acumen, with its construction funded by tens of millions of dollars—an investment previously detailed by FOX Business.

Medina itself is a significant locale, part of King County, where Microsoft has established its sprawling headquarters. The area is synonymous with tech wealth and innovation, making real estate transactions here particularly newsworthy.

Gates, who stepped down as CEO of Microsoft in 2000 and left the company's board in 2020, continues to focus on his philanthropic efforts. His priorities include global health, development, education, and climate change initiatives.

Despite his reduced day-to-day involvement in Microsoft, he still holds approximately 1% of the company’s shares, a testament to his enduring connection to the tech giant, Bloomberg notes.

Bill Gates
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